Housing accumulation fund is a long-term housing deposit paid by units and their employees, and it is the main form of monetization, socialization and legalization of housing distribution. The housing accumulation fund system is an important social security system for housing stipulated by national laws, which is mandatory, mutually supportive and guaranteed. Units and individual employees must fulfill their obligations to pay housing provident fund according to law. The housing provident fund paid by individual employees and the housing provident fund paid by the unit shall be stored in special accounts and owned by individual employees. The units here include state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations.
Legal characteristics of housing accumulation fund
First, it is cumulative, that is, although the housing provident fund is an integral part of employees' wages, it is not paid in cash, and must be deposited in a special account opened by the housing provident fund management center in the entrusted bank, and special account management is implemented. The second is specificity. The housing accumulation fund shall be earmarked for special purposes and can only be used for the purchase, construction, overhaul of self-occupied housing or the payment of rent during storage. Only when the employee retires, dies, completely loses the ability to work and terminates the labor relationship with the unit or moves out of the original city can the housing provident fund be withdrawn from the account.
The use of housing accumulation fund
The housing accumulation fund shall be used for the purchase, construction, renovation and overhaul of owner-occupied housing by employees, and no unit or individual may use it for other purposes.
In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.
If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.
Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
Extraction conditions of housing provident fund
I. Extraction of housing consumption:
1. Employees who purchase, build, renovate or overhaul their own houses in this city and own all or part of the property rights can withdraw the balance of the individual housing provident fund account. The following requirements must be met simultaneously:
(1), employees can only go through the extraction procedures once within one year from the date when the purchase contract is signed or the construction, renovation and overhaul of owner-occupied housing is approved, and they will not go through the formalities after the deadline;
② The withdrawal amount is a hundred-digit integer of the storage balance of the housing accumulation fund last month, which shall not exceed the purchase, construction, renovation and overhaul expenses of the self-occupied housing.
2. Workers who repay the principal and interest of housing provident fund loans can withdraw the balance of individual housing provident fund accounts, and the withdrawal amount shall not exceed the outstanding principal and interest of housing loans. The following requirements must be met simultaneously:
(1), housing provident fund repayment can only be used after one year of normal repayment, and it can only be withdrawn once every natural year.
② Repay the multi-period housing provident fund loan in advance, and the repayment period shall not exceed 65438+ February of that year.
3 workers who are included in the minimum living guarantee for urban residents in this Municipality and pay the rent can withdraw the storage balance of the housing provident fund.
4. Employees who meet the conditions for housing consumption withdrawal may withdraw the balance of their spouse's individual housing provident fund account at the same time, and the withdrawal amount shall be calculated together and shall not exceed the prescribed amount.
Second, non-housing consumption extraction:
1, retirement or retirement.
2, completely lose the ability to work, and terminate the labor relationship with the unit.
3. Settle in foreign countries, Hong Kong, Macao and Taiwan.
4. Transfer from this city.
5, unemployed for more than a year and did not re deposit housing provident fund.
6. Male employees over 50 years old and female employees over 40 years old terminate the labor contract relationship with the unit.
7. Employees whose registered permanent residence moves out of this city (or non-registered permanent residence in this city) terminate their labor relations with their units.
8. All employees in the bankruptcy liquidation of the unit (the main body of the unit no longer exists).
9. The employee dies or is declared dead during his tenure.
Remarks:
1. The above-mentioned "city" refers to the administrative area of Sanming City (including counties and cities in Sanming).
2, housing renovation refers to the demolition of houses, redesign and reconstruction.
3. Overhaul of houses means that some main components of houses endanger the safety of residents, and it is necessary to affect or dismantle some main components of houses, but it is not necessary to dismantle all houses.
4. If employees use the housing provident fund in their housing provident fund accounts to provide housing provident fund loan guarantees for others, they may not withdraw or use the housing provident fund in their accounts before the loans they guarantee are paid off.
5. Employees who meet the above extraction conditions, but have outstanding housing provident fund loans, must first use the housing provident fund of the employees themselves and their spouses and * * * owners to repay the loans.